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Awarded contract·City of Worcester·Massachusetts

Vending Machines

Won by I.T. Vending Express, a Division of Creedon & Co., Inc.$600kSingle Award
Contract source

Awarded vendors

  • I.T. Vending Express, a Division of Creedon & Co., Inc.

Description

The City of Worcester issued a sealed‑bid solicitation for the supply, installation, stocking, operation, and revenue collection of vending machines across the city. The contract covers 71 beverage machines and 14 snack machines for a three‑year term, with strict per‑unit price caps and required revenue‑share percentages. The awarded vendor must provide warranty, insurance, and comply with all state and local regulations, delivering new machines within 12 days of notification and submitting quarterly revenue reports. • Scope: Provide, install, stock, and manage vending machines (beverages and snacks) city‑wide. • Financial terms: Fixed per‑unit price caps (e.g., $1.75 for sports drinks) and revenue‑share (16 % beverage, 5 % snack). • Requirements: One‑year warranty, specified insurance limits, compliance with health and anti‑discrimination statutes, and quarterly payment remittances.

Attached files

Key dates

Bids closed
9/14/2022
Contract modified
9/8/2022
Starts
10/1/2022
Ends
9/30/2025
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
722330
Solicitation №
CR-7882-M3

Contract value

$600,000

The solicitation does not disclose a total contract value. Estimating based on 85 machines, average equipment cost of roughly $5,000 per machine (~$425,000), plus anticipated revenue‑share payments (≈$175,000 over three years) and installation/maintenance costs, the total contract likely falls in the mid‑six‑figure range, roughly $600,000. This estimate assumes typical vending‑machine pricing and sales volumes for a municipal client.

AI estimate from the award documents

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